Monthly Archives: May, 2012
Opportunities Part III
Some glorious opportunities for those with patience. First, European equities. There are potential opportunities here for the brave in the Polish stock index (only European nation to avoid recession in … Continue reading
Bear And Recession Ahead?
We can assess the odds of a bear market and recession ahead (with the former leading the latter), by amalgamating mutliple indicators. If you followed me on Amalgamator then you … Continue reading
This Week
Global economic surprises remain flat to down. Leading indicators for Euro-land fell to minus 0.8. Globally, some countries have slipped negative, others remain positive. ECRI US leading indicators came in … Continue reading
Update
Leading indicators released this week for France, Australia, Germany and China all came in positive. China manufacturing data underwhelmed. Global economic surprises data has been neutral the last 2 weeks … Continue reading
Cycle Inversion
We did not see the usual upside into the new moon of this last weekend. Instead we fell all the way into the close of Friday and then rallied on Monday, … Continue reading
The Secular Position
What if I said the prices stock indices are at currently may never be seen again? I’ve not gone crazily bullish, but it is possible. Let me explain. This is a compilation of … Continue reading
Capitulation
At yesterday’s close, Capitulative Breadth hit 7, so into the 7-10 zone that historically brought about a bottom. Nymo is into the extreme oversold zone, at -100, and we saw … Continue reading
Equities Update
Yesterday, Capitulative Breadth moved up to 5 from 2 (with 7-10 historically marking bottoms for stocks). The percentage of Dax stocks above the 50MA is zero, making for an oversold extreme. … Continue reading
On The Attack
It is a contrarian’s dream, right here right now. These are the opportunities that make me lick my lips: oversold and overbearish extremes. This morning I have added long Hang Seng, … Continue reading
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